Unclaimed Money with EPFO

---------- Forwarded message ----------
From: Press Information Bureau Ministry of I&B <pib.kolkata@gmail.com>
Date: Mon, Jul 26, 2010 at 2:59 PM
Subject: Releases.............pt1

Press Information Bureau

Government of India

* * * * * *

Ministry of Labour & Employment

Unclaimed Money with EPFO

New Delhi: July 26, 2010.

 

 

Various steps have been taken by the Employees' Provident Fund Organisation (EPFO) to strengthen Service to Members Area.  Introduction of National Electronic Funds Transfer (NEFT), Short Message Service (SMS) facility for claim settlement, EPFiGMS (internet based grievances mechanism system) and Special drive for priority disposal of transfer cases are few of such instances in this direction.  In addition to it, the 'Computerization Project' of the EPFO will provide more tools to serve the subscribers in much better way.

The database of the members is not centrally maintained and is primarily maintained by the Regional/Sub-Regional Offices of Employees' Provident Fund Organisation (EPFO).  However, in 'Computerization  Project' of the EPFO, a Central Depository for keeping Members database has been envisaged to have a quick access to member's database even at Head Office level. This is one of the reasons for multiple accounts in case of certain members.

Region-wise details of Inoperative Account (unclaimed money) as per the audited Balance Sheet for the financial year 2008-09 is given below:p
Sl. No.	Region	Balance as on 31.03.2009 (in Rs.)
1	ANDHRA PRADESH - HYDERABAD	5,960,442,298.84
2	ANDHRA PRADESH - GUNTUR	2,349,819,190.00
3	BIHAR	640,455.03
4	CHHATTISGARH	1,547,757,920.50
5	DELHI-NORTH	36,612,348.55
6	DELHI-SOUTH	29,973,933.04
7	GOA	180,369,271.00
8	GUJARAT - AHMEDABAD	20,144,984.69
9	GUJARAT - BARODA	6,137,088.62
10	HARYANA	31,674,066.60
11	HIMACHAL PRADESH	1,005,117,000.00
12	JHARKHAND	503,214.65
13	KARNATAKA - BANGALORE	31,901,486.00
14	KARNATAKA - MANGALORE	362,000.00
15	KERALA	1,757,689.00
16	MADHYA PRADESH	1,344,460,643.00
17	MAHARASHTRA - I (BANDRA)	78,957,978.49
18	MAHARASHTRA - II (THANE)	-
19	MAHARASHTRA - NAGPUR	3,139,926,215.80
20	MAHARASHTRA - PUNE	17,754,414,135.67
21	N.E. REGION	4,241,478.53
22	ORISSA	2,925,876.08
23	PUNJAB - CHANDIGARH	44,649,373.00
24	PUNJAB - LUDHIANA	81,505,706.37
25	RAJASTHAN	11,549,049.14
26	TAMIL NADU - CHENNAI	4,405,128,663.58
27	TAMIL NADU - COIMBATORE	782,335,401.74
28	TAMIL NADU - MADURAI	1,994,091,617.80
29	UTTARAKHAND	39,179,693.43
30	UTTAR PRADESH	12,736,558,898.13
31	WEST BENGAL - KOLKATA	4,286,103,228.49
32	WEST BENGAL - JALPAIGURI	1,016,060,035.83
	TOTAL	58,925,300,941.60

Shri Harish Rawat, Minister of State for Labour and Employment gave this information   in reply to a question in the Lok Sabha today.

 

ysk: pm/dk/kol/14:52 hrs.

 

 

Press Information Bureau

Government of India

* * * * * *

Ministry of Labour & Employment                           

National Policy on Skill Development

New Delhi: July 26, 2010.

 

The Government has already formulated a National Policy on Skill Development (NSDP) which was approved on 23rd February, 2009.

 

The policy envisions a road map for skill development in the country with a mission to empower all individuals through improved skills which are nationally and internationally recognized so as to gain access to decent employment and ensure India's competitiveness in the global skills market. Following are the objectives of the NSDP:

 

Create opportunities for all to acquire skills throughout life, and especially for youth, women and disadvantaged groups.

 

Promote commitment by all stakeholders to own skill development initiatives.

 

Develop a high-quality skilled workforce/entrepreneur relevant to current and emerging employment market needs.

 

Enable the establishment of flexible delivery mechanism that respond to the characteristics of a wide range of needs of standards.

 

Enable effective coordination between different ministries, the Centre and the States and public and  also private skill providers.

 

NSDP has set a target for skill development of 500 million persons by year 2022 by involving all stake holders through concerned Ministries and Departments. 

 

Reasons for formulating NSDP are as under:

 

The Eleventh Five-Year Plan stresses that the ability to sustain labour-intensive growth depends crucially on the expansion of skill capabilities and knowledge as driving forces of economic growth.

 

Potentially, the target group for skill development comprises all those in the labour force, including those entering the labour market for the first time (around 12.8 million annually), those employed in the organized sector (26.0 million) and those working in the unorganized sector (433 million) as on 2004-05. The current capacity of the skill development programs is 3.85 million.

 

India has the advantage of 'demographic dividend'. Harnessing the demographic dividend through appropriate skill development efforts would provide an opportunity to achieve inclusion and also productivity within the country as well as to meet the global skill shortages.

 

The policy aims at empowering all individuals through improved skills, knowledge and internationally comparable qualifications to keep Indian skilled manpower at par with skilled manpower of other developing/developed countries. 

 

Shri Mallikarjun  Kharge, Minister of Labour and Employment gave this information    in  reply to a question in  the Lok  Sabha today.

 

ysk: pm/dk/kol/14:53 hrs.

 

 

Press Information Bureau

Government of India

* * * * * *

Ministry of Defence                       

DRDO Successfully Conducts Fourth Consecutive Interceptor Missile Test

New Delhi: July 26, 2010.

 

Defence Research and Development Organisation (DRDO), today successfully conducted fourth consecutive Interceptor Missile test in Endo atmospheric regime at 15 Km altitude off ITR, Chandipur, Orissa. The single stage Interceptor Missile fitted with Directional Warhead and other advanced systems neutralized the target.

 

The target ballistic 'enemy' missile was launched from Launch Complex – III, ITR Chandipur. The Interceptor Missile fitted with directional warhead was launched from Wheeler Island and destroyed the Target Missile breaking it into fragments. This was tracked by various Radars and sensors. All weapon system elements including Command and Control, Communication and Radar performed satisfactorily.

 

The Interceptor Flight Test was witnessed by Dr. VK Saraswat, Secretary (Defence, R&D), Shri Avinash Chandar, Director, Advanced Systems Laboratory (ASL), Hyderabad, Dr. K. Shekhar, Chief Controller, DRDO, Shri VLN Rao, Programme Director, Shri SK Ray, Director, Research Centre Imarat (RCI), Hyderabad, Shri P Venugopalan, Director, Defence Research & Development Laboratory (DRDL), Hyderabad, Shri SP Dash, Director ITR and Users representatives' Air Marshal PK Barbora, Vice Chief of Air Staff and Maj Gen VK Saxena, ADG, Army Air Defence, Indian Army.

 

The Defence Minister Shri AK Antony spoke to DRDO Chief Dr VK Sarswat over phone and congratulated the scientists for today's successful test.

 

samir/raj/dk/kol/14:53 hrs.

 

--
Palash Biswas
Pl Read:
http://nandigramunited-banga.blogspot.com/